Women and VC (1).pptx
9/8/15
Women and Venture Capital F317 – Venture Capital & Entrepreneurial Finance
In 2014, there were 5,305 venture capital deals. (Roughly $996 BILLION was deployed for these deals.)
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9/8/15
How many funded startups include women…. 1) As an execuRve team member? 15% (about 795 companies) 2) As the CEO?
2.7% (about 140 companies)
If not CEO, then what? 1) In addiRon to lack of female CEOs, there’s also a lack of diversity among female leadership 2) Women choose CFO, CHRO, General Counsel, or Sales and MarkeRng instead of CTO or head of Product Development
These trends aren’t improving— they’re actually gebng worse. That’s what we are going to cover today
2
9/8/15
Exercise # 1 – Name successful entrepreneurs
Exercise # 2 – Now try again, but only name successful female entrepreneurs
Ok, so why aren’t more female entrepreneurs being funded? 1) Investors have an implicit bias towards funding companies that “look” like previous successes 2) This leads to major lack of support, financially and otherwise 3) But the biggest reason: women aren’t pitching VCs.
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9/8/15
What this all means for female entrepreneurs 1) Be aware, and be CONFIDENT 2) There are jerks out there. Ignore them and move on 3) Know your company inside and out
The other side of the table: women investors
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9/8/15
What’s it like right now? Only about 5% of decision makers at venture capital firms are female But! More women are starRng their OWN fund!
The Takeaway Women face different, someRmes higher, hurdles when raising venture capital Same goes for women becoming investors Get educated on what you need to do for success in your industry, and keep hustling
QuesRons?
5
Women and Venture Capital F317 – Venture Capital & Entrepreneurial Finance
In 2014, there were 5,305 venture capital deals. (Roughly $996 BILLION was deployed for these deals.)
1
9/8/15
How many funded startups include women…. 1) As an execuRve team member? 15% (about 795 companies) 2) As the CEO?
2.7% (about 140 companies)
If not CEO, then what? 1) In addiRon to lack of female CEOs, there’s also a lack of diversity among female leadership 2) Women choose CFO, CHRO, General Counsel, or Sales and MarkeRng instead of CTO or head of Product Development
These trends aren’t improving— they’re actually gebng worse. That’s what we are going to cover today
2
9/8/15
Exercise # 1 – Name successful entrepreneurs
Exercise # 2 – Now try again, but only name successful female entrepreneurs
Ok, so why aren’t more female entrepreneurs being funded? 1) Investors have an implicit bias towards funding companies that “look” like previous successes 2) This leads to major lack of support, financially and otherwise 3) But the biggest reason: women aren’t pitching VCs.
3
9/8/15
What this all means for female entrepreneurs 1) Be aware, and be CONFIDENT 2) There are jerks out there. Ignore them and move on 3) Know your company inside and out
The other side of the table: women investors
4
9/8/15
What’s it like right now? Only about 5% of decision makers at venture capital firms are female But! More women are starRng their OWN fund!
The Takeaway Women face different, someRmes higher, hurdles when raising venture capital Same goes for women becoming investors Get educated on what you need to do for success in your industry, and keep hustling
QuesRons?
5
